Lok James 4
4 · LogMeIn, Inc. · Filed Jun 5, 2018
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Lok James
SVP, Engineering
Transactions
- Exercise/Conversion
Common Stock
2018-06-01+2,535→ 6,334 total - Tax Payment
Restricted Stock Units
2018-06-01−2,493→ 12,592 total→ Common Stock (2,493 underlying) - Exercise/Conversion
Restricted Stock Units
2018-06-01−2,535→ 10,057 total→ Common Stock (2,535 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The restricted stock units vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of June 1, 2020. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
- [F3]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.